Under normal circumstances, no money will be deducted. After pre-authorization is made, this amount will be frozen in the available limit of the cardholder's credit card, occupying the available limit. If no pre-authorization is completed later, Or cancel the pre-authorized transaction, and the frozen quota will be automatically unfrozen after 30 days.
After completing the check-out, rental and other procedures, the cardholder should consciously request or confirm that the relevant merchant immediately revokes the pre-authorization, restore the credit limit, and eliminate possible risks and losses. Cardholders must activate the SMS notification function of their credit cards so that they can be informed of their consumption bills at any time. Another point to note is that after booking a hotel, if you need to cancel the reservation for some reason, you should apply to the hotel or agency for pre-authorization revocation procedures within the specified period and ask for the cancellation number as a cancellation voucher.
Pre-authorization is generally a kind of guarantee mechanism. If consumers are afraid that they will not settle the bill or have some other problems, some full payments will be frozen in advance. For example, if your stay costs 500 yuan a day, but you will be paid 1,000 yuan first, this way both parties will have a guarantee that the money will not be easily transferred, which is also a guarantee for the hotel. After the consumption is completed, consumers really need to get such a confirmation that the pre-authorization has been cancelled. Otherwise, the merchant can still expect the money to be transferred even if the pre-authorization has not been cancelled, so this kind of reminder is very necessary. of.